1861 Mesa Dr Mesa, AZ 85210-6214
- Office buildings
- 5,026 SF
- 1.70 lot acres
Current Use by Public Records
- Lifted Trucks / Car Dealership
Property Details for 1861 Mesa Dr
- Year built
- 2002
- Construction
- CONCRETE
- Lot size
- 1.70 lot acres
- Property size
- 5,026 SF
- Zone code
- LI
- Property type
- Office buildings
- APN
- 139-49-028A
- APU
- 13949028A
Description
This exceptional 60,000 square foot commercial property presents a unique opportunity for retail or restaurant development. Situated on a five-acre lot in Mesa, Arizona, this single-tenant building boasts a highly desirable location. The property is zoned for Light Industrial Mesa, allowing for a wide range of retail uses. Its strategic location at the intersection of South Mesa Drive and Baseline Road provides unparalleled visibility and accessibility. Less than half a mile from US-60 and a full-diamond interchange, this site benefits from significant daily traffic volume, particularly during peak hours, making it an ideal location for businesses seeking high exposure. The area boasts a strong daytime population, with over 169,000 people residing within a three-mile radius. This dense population is further supported by the presence of major employers such as Go Daddy (1,370 employees), the City of Mesa (860 employees), Empire Southwest (770 employees), and Hunter Contracting Co (550 employees), ensuring a consistent flow of potential customers. The surrounding area also features over 280,000 square feet of warehouse, distribution, and service businesses along Baseline Road, creating a vibrant and dynamic commercial environment. The entire 60,000 square feet is currently vacant, offering a blank canvas for a new business venture. This property in Maricopa County, Arizona, with its 85210 zip code, presents a compelling investment opportunity in a thriving commercial corridor.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,623,000
- AI Estimate
- $2,607,000
Market price range: $708k - $2.62MMarket price range: $622k - $2.61M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,225,000
- RESTAURANT
- $3,215,000
- AUTO REPAIR, GARAGE
- $2,215,000
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Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.824
- Latitude
- 33.3807
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA